The Labour Government’s 2024 Autumn Budget brings a host of new tax measures aimed primarily at second homeowners, buy-to-let landlords, holiday lettings, and employers. These changes are designed to realign tax rates and incentivise primary home ownership while also putting employers on notice to prepare for increased costs in the coming years. For property owners Continue Reading…
With e-bikes, e-scooters, and electric vehicles (EVs) rising, lithium-ion batteries have become a mainstay in many properties. While these batteries power the “green movement” they also come with a notable fire risk. As a landlord, you are responsible for keeping your tenants safe and your property compliant with fire safety regulations. Why Lithium-Ion Batteries Are Continue Reading…
Nearly a decade after Volkswagen’s “dieselgate” scandal rocked the automotive industry, a new wave of scrutiny is sweeping across multiple car manufacturers. The UK government’s Department for Transport (DfT) has launched an investigation into “defeat devices” suspected of hiding the true emissions of 47 car models from 11 manufacturers. As concerns mount, UK drivers could Continue Reading…
What the Tesla Cybercab Means for the Future of Autonomous Vehicles Tesla recently unveiled its new robotaxi, the Cybercab, at the Warner Bros Studios in Burbank, California. With a design that throws traditional driving controls like pedals and a steering wheel out the window, the futuristic two-seater was showcased by CEO Elon Musk as a Continue Reading…
Recent reports indicate potential hikes in Capital Gains Tax (CGT), which could significantly hit UK landlords. The Labour Party has suggested raising CGT rates to align with income tax rates, which could mean a jump from 18%-24% to as high as 40% for higher earners. For landlords, this change could severely erode their profits, especially Continue Reading…
London’s black cab drivers were in for a shock recently when they received penalty charge notices (PCNs) for ULEZ and Congestion Charge fees, charges from which they are typically exempt. This widespread error, affecting thousands of drivers, has since been attributed to an IT glitch at Transport for London (TfL), sparking frustration and confusion among Continue Reading…
As we move through October 2024, the UK used car market has held its ground, even as values experienced a modest dip. The latest data from Cap HPI shows that used car prices have fallen by only 0.5% in the first part of October, with projections indicating a total decrease of about 1% by the Continue Reading…
A world where driverless cars dominate the roads has come one step closer to reality, following a ground-breaking partnership between Uber and British AI start-up Wayve. With the power of artificial intelligence and innovative technology, this collaboration aims to accelerate the development of autonomous vehicles, paving the way for safer, smarter, and more efficient driving Continue Reading…
The rental market in the UK is about to experience some seismic shifts. With the Renters’ Rights Bill making its way through Parliament, tenants and landlords alike will need to prepare for what promises to be the most significant change to the sector in over three decades. What is the Renters’ Rights Bill? The Renters’ Continue Reading…
The used car market in the UK is known for its fluctuations, but this August, something unusual happened. Despite the seasonal dip that typically follows summer’s peak, used car prices defied expectations. Why are Used Car Prices Performing Well in August 2024? Traditionally, the used car market slows down in August. Families head off on Continue Reading…
